Straw Poll to combat further government attacks – Please help

And out of 3, 2 eligible today.

Reply to the comment left by Helen Morley at 09/10/2018 - 17:421. 60% tenants over 3 yrs
2. Equates to 5 tenants
3. 1 tenant would love to buy but no deposit
4. total 2 in household
The 1 household that want to buy but no deposit and i would happy to sell to them with some capital gain but owned by my limited company therefore will not qualify as pays corporation tax on gain.
I have 4 properties in my own name all tenanted by over 55s who wouldnt want or get a mortgage.
1 have 3 tenants who in time would qualify in time who would consider buying but those are in my limited company so wouldn't qualify.
I have lived on 1 of properties so would lose out on lettings relief.

Out of my portfolio of 10 properties,
1 30%
2 3
3 0
4 10 households

1) 100%
2) 3
3) 33.3%
4) 1
Have 3 properties. 1 not likely to ever be able to buy. One retired single person and the other a family that are saving for their deposit.
Hope this helps

Of our 15 current tenancies, 11 are in HMOs so they should probably be discounted.

For the four single lets:
1. 75%
2. 3
3. Possibly 25%
4. 1
The one who might be in a position to buy at some point is a working single mum. The others are a family on benefits and a group of three friends sharing the house.

Across all our tenancies the figures are:
1. 27%
2. 4
3. 7%
4. 1

The HMO occupants are all professionals who may well be in a position to buy their own properties at some point, but they're hardly likely to buy a house in which they only rented a room.

1) 43%
2) 3 (of 7)
3) 0
4) 0
3 properties the tenants are claiming benefits, 2 are homes that would unlikely to be a suitable starter home (too expensive), 2 are empty. Never had a tenant in the UK express an interest in buying.

Reply to the comment left by David Lester at 10/10/2018 - 10:15
Hello David Lester (and Ros) - no David you are not being 'ignorant' the Onward proposal is ambiguous in it's wording on the "tax relief" associated with CGT. The proposal wording includes example "The average gain per property would be £15,000, meaning the average first time buyer could expect to benefit by £7,500", so that means 50% of your so-called 'profit'; and not 50% of the CGT bill (which on their example of £15K @ 28% would be £4200 CGT assuming all reliefs already used up elsewhere. ) So, precisely as you say, why would you "gift" £50K, and why should you? And where do they get their figures of £15K and £19.5K from? Not realistic in some parts of the country.

To answer Ros:-
1. 50%
2. 2
3. 0%
4. 4
One is occupied by European father and daughter, so unlikely to be looking to purchase. Another was in the property when I purchased from the previous landlord; had he wished to purchase I am sure he would have seized the opportunity at that point, he's been there long term and an excellent tenant. Others either not motivated to buy or not in a position to buy.

I'm not happy that the Government or quangos think it acceptable to gift tax revenues to other home buyers in this way; even more unhappy that they see fit to suggest that the PRS should fund it and simply hand over 50% of any so-called 'profits'

I provided my data earlier, and included the note that mine are in the economically quiet north-east. Assuming the new proposal will be a blanket nationwide policy, areas like mine will see minimal take-up, therefore minimal benefit to LLs, compared to in more affluent parts.

The whole concept belies the govt's spin, designed to perpetuate the illusion that property ownership is still the universal aspiration. Certainly not in depressed areas, but I shouldn't think it is nationwide either, to the extent that it traditionally was decades ago.

Is there any research to suggest that any significant number of tenants actually want to buy their homes ?

1. 20%
2. 1
3. 20%
4. 1
I have 1 tennant for 10 years,he's retired and could not afford to buy.
I have a young couple who have said they would like to buy but their jobs don't earn enough to qualify for a mortgage.
I have another couple who are with me temporarily while their house is being rebuilt after a fire.
The rest are not interested in buying because they want the freedom to move with jobs

In my area the properties have NOT so far went up more than the capital tax allowance since my husband and myself bought them. So taking into account this then there would be no pot for my tenants to share.